Poor jobs data likely to hit stocks

Economists say jobs growth of 200,000 a month is needed to absorb new jobseekers. But only 126,000 were added in March.

PHOTO: REUTERS

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Stock futures pointed to a rout in US stocks this week after a shocker of a March jobs report. The only thing that could arrest the slide would be ebullient outlooks from Alcoa and other major companies as the earnings season gets underway later this week.